Pending critical issues on indirect taxation applied to the agreements entered into in connection with the settlement of corporate distress

The news was spread of a recent tax delinquency notice served by the Marche tax office, which also imposed the related sanctions, as they established that the recognition of debt set forth in a broader restructuring agreement prepared and implemented between some lenders and a debtor company in distress was liable to tax, therefore they also included registration tax at the rate of 1% of the debt exposure.

Source: Dirittobancario.it